Gigamon extends to 36 percent market share driven by increasing industry demand for monitoring at 40G and 100G speeds
Santa Clara, Calif., (July 12, 2017) – Gigamon Inc. (NYSE: GIMO), the industry leader in traffic visibility solutions, today announced the results of the recently released IHS Markit Network Monitoring Equipment, 2017 Annual Market Report1 in which it was identified as the clear market share leader. While overall industry revenues grew by 17 percent for a total of $599M in the 2016 calendar year (CY16), Gigamon grew at more than twice that rate accounting for 36 percent of the market in CY16 with a 6-point increase over CY15. Other notable stats include:
- At 36 percent of total industry revenue, Gigamon market share is more than two times that of its closest competitor
- In the government vertical, Gigamon captured 59 percent market share, close to four times the market share of its closest competitor
- In the enterprise market, Gigamon remained the leader at 37 percent market share, 10 points higher than the next competitor
“The continuing need for pervasive visibility solutions to make networks more secure and reliable once again drove strong demand for network monitoring equipment,” said Matthias Machowinski, research director of enterprise networks and video at IHS Markit. “Gigamon has a full portfolio of network monitoring equipment, addressing the whole range of deployments from small to very large, and captured the highest market share in 2016.”
IHS Markit states that several dynamics are driving industry growth including:
- The macro driver of customers strengthening network security
- The shift to advanced monitoring equipment that offer additional traffic intelligence and processing features to handle traffic at 40G and 100G rates
- The use of network monitoring as the top strategy to reduce infrastructure and communication downtime
Gigamon is helping drive this shift with the Gigamon Visibility Platform. The platform’s GigaSMART™ applications offer organizations the advanced processing capabilities that include SSL/TLS decryption, application session filtering, NetFlow/IPFIX generation, metadata generation, packet slicing, data masking, traffic deduplication and load balancing. GigaSMART extends the intelligence and value of the Gigamon Visibility Platform so that organizations can better secure, manage and understand the critical data-in-motion traversing their physical, virtual and cloud-based infrastructures to gain increased control and improved security tool performance.
“Today, organizations need an adaptive and automated security architecture that integrates a visibility platform at its core,” said Kim DeCarlis, chief marketing officer at Gigamon. “Gigamon delivers an advanced visibility platform that enables our customers to see the data that matters most so they can take immediate action. This IHS Markit report validates the market adoption of Gigamon solutions and our ability to satisfy customer needs.”
1IHS Markit: Network Monitoring Equipment Annual Market Report, May 19, 2017 by Matthias Machowinski
Additional Resources
- IHS Markit Network Monitoring Equipment, 2017 Annual Market full report
- IHS Markit Network Monitoring Equipment, 2017 Annual Market executive overview
- “IHS Markit Names Gigamon #1 for Delivering True Visibility Value” blog post
- “See What Matters On Your Network: Why Pervasive Visibility is So Important” webinar: Thursday, August 24, 2017 at 10:00 AM PDT